12 South Sixth Street, Suite 211

Minneapolis, MN  55042

612-332-0607

www.mwwdcom

 

Wind Farms and Projects Currently Available

For Acquisition

Midwest Wind Finance represents the following projects

that are actively seeking buyers or investors.

 

 

19.5 MW Northwestern United States

 

 

 

Wind Resource

  • Mean annual 80 meter wind speed prediction is 8.26 meter/second
  • Net Capacity Factor 33.97% (P50)
  • Prevailing wind direction is southwesterly
  • Wind data collection since 2001
  • Correlation with other nearby met towers and airports
  • Bank qualified meteorologist report completed

 

Transmission

  • Interconnection agreement executed
  • Collection system 25kV
  • Four miles of interconnection to a 69 kV transmission line

 

Site information and Control

  • Land is owned by the developer, lease in place
  • Phase I Environmental Site Assessment complete
  • Seismic zone 3
  • Cold weather package required
  • Micro-siting complete

 

Permitting

  • Environmental permitting complete with exception of pending NPDES
  • FAA initial permit complete (resubmission pending due to relocated turbine—remains within height restrictions)
  • Zoning approval complete
  • Conditional Use Permit approved

 

Power Purchase Agreement / REC Contract

  • Executed 20 year PPA in place with ‘A-‘ off-taker
  • PPA with a levelized and non-levelized power price option
  • REC term sheet from ‘AA’ rated off-taker, 20 year term

 

Turbines

  • GE 1.5MW sle
  • Initial GE Site Suitability Report complete (resubmission pending due to relocation of a turbine)
  • 80 meter towers

 

Construction and Operational Details

  • Geotechnical study in process
  • EPC Contract in place with Chevron Energy Solutions
  • Transformer purchased and in temporary storage near site

 

Desired Transaction

Developer desires a cash upfront project purchase.

 

 

31.5 MW South Central MN

    

Wind Resource

  • Mean annual 80 meter wind speed prediction is 7.5 meter/second at hub height
  • Net Capacity Factor 37.3% (P50)
  • Prevailing wind direction is southwesterly
  • Wind data collection since 2003
  • Correlation with other nearby met towers and airports
  • Bank qualified meteorologist report completed

 

Transmission

  • Interconnection agreement executed
  • Collection system 69kV
  • 69 kV transmission line on the site

 

Site information and Control

  • Leases in place
  • Phase I Environmental Site Assessment complete
  • Seismic zone O
  • Cold weather package required
  • Turbine layout drafts complete

 

Permitting

  • Environmental permitting in progress
  • No FAA problems anticipated
  • County approval complete
  • State Permit anticipated November 2009

 

Power Purchase Agreement / REC Contract

  • PPA to be Negotiated

 

Turbines

  • Site approved by Vestas (V82) and GE (1.5 SLE)
  • 80 meter towers

 

Construction and Operational Details

  • Geotechnical study in process
  • EPC Contract to be negotiated

 

Desired Transaction

Developer desires a cash upfront project purchase.

 

 

For additional information on

any of the above projects please contact:

 

Clayt Tabor,

Director of Finance

clayt@mwwind.com

or

Mason Sorenson,

Director of Project Management

mason@mwwind.com

 

Midwest Wind Finance

Minneapolis, MN 55402

Phone: 612-332-0607

 


Last Updated: December 11, 2009